The end of global tightening
By Edward Moya US stocks rallied Thursday after recession risks eased following better-than-expected GDP data. The data was good news that was able to send stocks a little bit higher, but not all the way as rate cut bets were pared back. For stocks to
Cyprus preparing eco bonds
Cyprus’ green bonds pave the way for sustainable financing, thus allowing the Republic to have access to additional sources of financing beyond
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See All »The United Nations has defended its head of mission in Cyprus, calling Turkish Cypriot reports suggesting bias were completely unfounded. UN spokesperson Aleem Siddique told CNA that everything included in the Turkish
Read MoreCyprus’ economy came to a standstill on Thursday during a three-hour general strike affecting the wider public sector in a dispute over
Cyprus saw the second largest rate of new asylum seeker applications per million of the population in the EU behind Austria, according
Presidential candidate Achilleas Demetriades met Wednesday with the former leader of the Turkish Cypriot community Mustafa Akinci to build a communication bridge.
Business
See All »Cyprus’ green bonds pave the way for sustainable financing, thus allowing the Republic to have access to additional sources of financing beyond traditional methods, said Finance Minister Constantinos Petrides. In a written statement on preparing the framework for issuing a
Read MoreInvestors are taking more risk than they can afford, a Cyprus Securities and Exchange Commission (CySEC) survey has revealed. One in four
Authorities have welcomed the decision of US-based work management company Wrike to establish a local presence which recognises Cyprus’ growing reputation as
During the third quarter of 2022, there was an increase in Management Companies and Undertakings of Collective Investments (UCIs) to 333, with
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By Chris Iacovides & Andri Antoniou Whilst the UK is taking proactive measures to aid ailing companies and businesses from the aftermath of the coronavirus outbreak, one cannot help but wonder what
MoreIn the first major transfer to the Cyprus ship registry in recent years, Royal Caribbean re-registered its new ‘Spectrum of the Seas’ under the Cypriot flag, coinciding with the cruise giant’s plans
MoreThe sale of F-16s to Turkey could only take place if Ankara abandons its aggressive stance towards Greece and Cyprus and other actions in the Eastern Mediterranean contrary to American interests, US
MoreComment
See All »With the government almost out the door, ministers are busy scurrying around the country to open roads and community centres to prove
The leak by a foolish teacher of the exam headings for the third-year Lyceum students could not have come at a worse
The Russia-Ukraine war continues to destabilise energy markets in 2023, as tight oil and gas supplies will persist and economic recovery, driven
Every year we opt to visit for New Year’s Eve, one of the top 5-star hotels in Cyprus, since our younger family
The lack of new liquefaction capacity coming online in the US, combined with low additions globally in 2023, stands to pressure the
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Energy
See All »Following a $175 mln agreement with Aviation Partners Boeing (APB), Ryanair has installed Split Scimitar Winglets to the first of over 400 of its Boeing 737-800 Next Generation aircraft. It said the modification would improve aircraft fuel efficiency by up to 1.5%,
Read MoreThe Russia-Ukraine war continues to destabilise energy markets in 2023, as tight oil and gas supplies will persist and economic recovery, driven
The lack of new liquefaction capacity coming online in the US, combined with low additions globally in 2023, stands to pressure the
Cyprus’ e-mobility transport network is hampered by a lack of charging points, with authorities rushing to place the infrastructure to cater to
World
See All »By Edward Moya US stocks rallied Thursday after recession risks eased following better-than-expected GDP data. The data was good news that
MoreCyprus saw the second largest rate of new asylum seeker applications per million of the population in the EU behind Austria, according
MoreBy Craig Erlam Equity markets are back in the red on Wednesday, as investors appear to prepare themselves for a disappointing earnings
MoreLast year, the gaming industry lost 176 mln users due to a variety of headwinds and challenges, and online games had their
MoreMaritime
See All »DP World Limassol and the Cyprus University of Technology (TEPAK) signed a cooperation agreement to conduct joint research projects, exchange personnel, and implement small-scale ventures. Limassol port’s operator also pledged to continue to make internships available to TEPAK students and
Read MoreIn the first major transfer to the Cyprus ship registry in recent years, Royal Caribbean re-registered its new ‘Spectrum of the Seas’
With policies and actions, the government is supporting the fisheries sector and the prospects of blue growth, such as the €11 mln
Larnaca will soon have another destination to visit, as construction on a museum dedicated to the town’s history and floating hospitality venues
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Life & Society
See All »Business administration and law are the most popular studies among university students in Cyprus, according to
During Thursday’s three-hour general strike over the Cost-of-Living Allowance, 4,000 passengers and 21 flights at Larnaca
Last year, the gaming industry lost 176 mln users due to a variety of headwinds and
Europe’s football superstars, like Cristiano Ronaldo, Lionel Messi and Neymar, have seen their bank balances skyrocket
A rare green comet, a unique traveller, is revisiting our solar system next month after 50,000 earth years